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What is WiseCost?

WiseCost is a cloud-based software platform tailored for government contractors and nonprofit groups managing federal grants, providing critical functionalities for time tracking and labor cost allocation alongside QuickBooks Online. Employees can record their hours by specific projects or categories, verify their timesheets, and submit them for approval from management. Administrators can import payroll data, distribute labor and related costs across different contracts or grants, calculate fringe benefits, overhead, and general administrative rates, as well as generate journal entries directly within QuickBooks Online. The system produces detailed reports that encompass labor distribution, indirect rates, profit and loss statements, and comparisons between budgeted and actual expenditures. Moreover, it establishes a secure audit trail that logs all modifications and approvals for accountability. To further enhance its functionality, WiseCost includes a read-only REST API, which enables easy exporting of time and labor data to various systems. CPA firms gain an advantage through a dedicated multi-company dashboard designed to streamline the management and support of their client organizations. This combination of features positions WiseCost as an essential resource for ensuring compliance and improving efficiency in financial oversight, ultimately contributing to better decision-making for stakeholders.

What is S2 Project Accounting?

NRT Business Solutions, Inc. developed the S2 Project Accounting™ module specifically for Sage 100 ERP, catering to the needs of project-based businesses and government contractors. To thrive in the corporate world, a blend of vision, determination, ambition, and a thorough understanding of your target audience is essential. Engaging with government entities complicates matters further, as contractors must adhere to a unique set of regulations, standards, and procedures. It is vital for organizations functioning in the federal sector to understand that government clients frequently request a range of documentation to evaluate the allocation of funds related to contract execution. This documentation often encompasses critical reports such as Timesheets, Overhead Analysis Reports, Project Cost Reports, Indirect Cost Analyses, and calculations for Indirect Pool Rates. By grasping these requirements, contractors can significantly improve their prospects for acquiring and managing contracts with the government, ultimately leading to better project outcomes. Therefore, investing time in understanding these complexities is a strategic move that can yield substantial benefits in the competitive landscape of government contracting.

Media

Media

Integrations Supported

Gusto
QuickBooks Online

Integrations Supported

Sage 100

API Availability

Has API

API Availability

Pricing Information

$149/month
WiseCost Standard costs $149 per month for 5 users; each additional user costs $15 per month. A 14-day free trial is available with no credit card required. The subscription is billed monthly with no long-term commitment, and customers can cancel anytime. A QuickBooks Online subscription is separate.
Free Trial Offered?

Pricing Information

Pricing not provided
Free Version

Supported Platforms

SaaS

Supported Platforms

Windows

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

WiseCost

Date Founded

2026

Company Location

United States

Company Website

www.usewisecost.com

Company Facts

Organization Name

NRT Business Solutions

Date Founded

1996

Company Location

United States

Company Website

www.nrtbusinesssolutions.com

Categories and Features

Time Tracking

Not specified

Categories and Features

Project Accounting

Not specified

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